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Blog
Transportation
Three Takeaways from the MTA's Financial Plan
July 2018 Update
August 13, 2018
The Metropolitan Transportation Authority (MTA) released its 2019 Preliminary Budget and four-year financial plan last month. Here are three important takeaways.
Video
Economic Development
Friedfel Talks Economic Development Inititatives
Capital Tonight
July 12, 2018
Ten economic development bills passed the state legislature, but CBC says the current programs need to be reformed before anything new is added.
Video
State Budget
CBC Report Analyzes State Progress
Capital Tonight
October 19, 2018
As Governor Cuomo's second term comes to a close, and voters decide whether to give him a third term, the Citizens Budget Commission is looking at how the state has fared over the past eight years.
Blog
Transportation
Tsk-tsk on Governor’s TIF Proposal
February 02, 2018
The FY 2019 Executive Budget proposed to allow the MTA to create tax increment financing districts in NYC to raise revenue for capital improvements. Though TIFs can play a useful role, the proposal is flawed.
Op Ed
Transportation
Latest value capture proposal could harm NYC
City taxes should not be diverted to the MTA without local input
March 22, 2018
While value capture makes sense in theory, any such arrangement should be tailored to specific projects and circumstances - with the agreement of the City.
Letter
Capital Spending
City Should Evaluate Project Labor Agreements
Letter to Mayor de Blasio
July 05, 2018
With the Capital Commitment Plan now topping $82 billion, it is more important than ever to find ways to reduce costs and speed up project delivery.
Letter
State Budget
Recommendations for Legislative Action on the NYS Executive Budget for FY2019
March 05, 2018
CBC's take on proposals that should be supported, modified, or rejected.
Blog
State Budget
Don’t Get Too High on Potential Marijuana Revenues
December 13, 2018
There is significant revenue potential from the marijuana industry, but research suggests that many months or years of careful planning precede consistent revenues.
Blog
State Budget
Twice as Much as Advertised
New York State Spending Growth
February 06, 2018
Spending growth in the NYS Fiscal Year 2019 Executive Budget will be 4.1 percent - more than twice what was claimed when the budget was released.
Blog
State Budget
The State Budget Cap Has Lost Its Meaning
May 29, 2018
Keeping with Albany tradition, the state's leaders adopted the budget on the final day of last fiscal year in the wee hours of the morning with little debate and no transparency, once again proclaiming the budget complies with a 2 percent growth cap.
Video
Taxes
The New York City Property Tax
Problems, Inequities, and Potential Reforms
September 13, 2018
NYC Advisory Commission on Property Tax Reform is charged with recommending reforms to make the NYC property tax fairer, simpler, and more transparent. CBC, the Regional Plan Association, and NYU Wagner convened a panel to discuss the current property tax system and the reforms that should be pursued.
Blog
Health Care
Three Strikes Against the Governor’s Proposed Conversion Revenue
March 13, 2018
Counting on the revenue from health insurance company conversations is not prudent for three important reasons.
Op Ed
Transportation
Four years after 'Bridgegate,' Port's fiefdoms are coming back
Crain's New York Business
May 30, 2018
The Port Authority of New York and New Jersey is a crucial agency, but it is badly governed and in need of reform.
Video
Capital Spending
PANYNJ Executive Director Rick Cotton
CBC Breakfast Series
March 06, 2018
Recently appointed the Executive Director of PANYNJ, Rick Cotton joins CBC to share the Port's priorities in the coming years.
Blog
State Budget
California Dreaming
NY Should Build Reserves to Prepare for a Rainy Day
March 12, 2018
California is a leader in funding reserves for a rainy day--New York State should follow its example.
Blog
Education
Governor’s Education Proposal Pierces Cap And Lacks Needed Reforms
February 20, 2018
The NYS FY2018-2019 Executive Budget increases school aid by $769 million, or 3 percent, to $26.4 billion- twice the increase allowed by the school aid cap.
Op Ed
Economic Development
New York needs better return on economic investments
Albany Times Union
January 17, 2018
While upcoming corruption trials may provide a revealing behind the scenes look at state operations, they should not distract from the pressing need to reform the state's approach to economic development in this legislative session.
Blog
Pensions & Benefits
A Budget Proposal That Seems Fiscally Responsible, But Doesn’t Tackle the True Problem
February 22, 2018
It's time to eliminate the expensive and risky benefits provided by the TDA.
Blog
Pensions & Benefits
Bitter Truth
Many Benefit Sweeteners Lack Required Fiscal Estimates
June 06, 2018
To date the New York State Legislature has introduced 138 bills in this session that enhance the benefits of state and local public employees. How much these bills could cost taxpayers is unknown.
Blog
State Budget
Reallocate Settlement Payments to Boost Rainy Day Funds
July 09, 2018
NYS has wom more than $11 billion in litigation settlements since FY 2014-2015. The spending of some of the settlement funds have more merit than others, but one major shortcoming is that none of the funds were allocated to boosting reserves.